The Australian Tax Office (ATO) has renewed calls to the country’s crypto investors warning them to report capital gains or losses on their crypto trading activity. In a statement on Sunday, the ATO’s Assistant Commissioner Tim Loh said his agency will focus on four areas including record keeping, work-related expenses, rental property income and deductions as well as capital gains from crypto assets, property and shares. “Crypto is a popular type of asset and we expect to see more capital gains or capital losses reported in tax returns this year,” said Loh. The warning follows a series of similar messages from the ... (full story)